Network Charges (From April 1, 2024)
Each year we review our pricing levels and structure for the next financial year.
This is the current WEL Networks Price Schedule and relates to 1 April 2024 to 31 March 2025.
The current Price Schedule includes information on the line charges for the WEL Networks traditional coverage area (Hamilton, Raglan, Huntly and north to Meremere) and external networks (Auckland & Cambridge).
What you need to know:
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Our pricing incorporates pricing principles advocated by the Electricity Authority. The Electricity Authority is an independent Crown entity responsible for the efficient operation of the New Zealand electricity market.
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These tariffs include the recovery of transmission line charges from Transpower and adjustments for inflation.
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As line charges are included in your electricity retailer's invoice, the timing and method for passing through these line charges will be determined by your individual retailer.
Time of Use Pricing Plans
We’ve moved most of our residential and small business connections onto Time of Use price plans. These price plans more closely reflect the cost to provide power during different times of the day.
Traditional electricity meters only record the amount of power you are using, but not the times that it is being used. Time of Use pricing takes advantage of newer ‘smart’ electricity meters that have been installed across the WEL Networks area. These new meters are capable of recording how much power is used at different times during the day.
For the WEL network area, we group these times into three periods: Peak, Shoulder and Off-Peak with a different price for each period.
Pricing Methodology
Current Pricing Methodology:
Pricing Methodology effective 01 April 2025:
Previous Pricing Methodologies:
- WEL Networks Pricing Methodology 2023
- WEL Networks Pricing Methodology 2022
- WEL Networks Pricing Methodology 2021
Price Schedules
Current Price Schedule:
- Price Schedule Effective 01 April 2024
- Loss Factors Effective 01 April 2024
Price Schedule effective 01 April 2025:
- Price Schedule Effective 01 April 2025
- Loss Factors Effective 01 April 2025
Previous Price Schedules:
- Price Schedule Effective 01 April 2023
- Loss Factors Effective 01 April 2023
- Price Schedule Effective 01 April 2022
- Loss Factors Effective 01 April 2022
- Price Schedule Effective 01 April 2021
Distribution Pricing Change FAQs
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Our distribution charges are increasing to cover the costs of delivering electricity to you.
From 1 April, distribution charges are increasing across the country because more investment is needed to ensure New Zealand has a reliable, resilient and safe electricity network. So like all other Electricity Distribution Businesses, our pricing needs an adjustment.
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Distribution charges only make up a portion of your power bill – usually around a third. The other components of your power bill include generation, transmission and retailer charges, as well as GST.
For an average residential customer on our network this means approximately $10 extra per month on our charges from April. Please note however that it’s your electricity retailer that bills you and we don’t have any say in what they ultimately charge.
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We recommend you visit Powerswitch where you can compare electricity plans for free, to see if you can get a better deal by switching retailer.
There’s also an EnergyMate website that provides handy tips on how you can be more energy efficient and save money on your electricity bill.
Another option available to you is Utilities Disputes Limited (UDL), who provide a free and independent service for resolving concerns about utilities providers.
Capital Contribution Policy
Read our Capital Contribution Policy including pricing for new works completed under the policy and amendments to the standard terms and conditions of contract for works.
Read More
Default Distributor Agreement
Read our Default Distributor Agreement.
Read MoreWEL Electricity Discount Programme
Find out about the WEL Electricity Discount Programme that provides further support to the Waikato community & Discount FAQs.
Read MoreSettlement Residual Allocation Methodology
Read our Settlement Residual Allocation Methodology
Read More